PPSC Lecturer Economics Important MCQs online Test No. 54

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.


There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 54
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 54

1 / 25

The transformation of resources into economic goods and services is.

2 / 25

During short period, diminishing returns may follow because.

3 / 25

A joint stock company has.

4 / 25

The major difference between perfect competition and monopolistic competition is.

5 / 25

Which is a condition for existence of monopoly.

6 / 25

A firm under perfect competition is.

7 / 25

To the economist, investment refers to.

8 / 25

Marginal revenue is always less than price at all levels of output in.

9 / 25

Marginal revenue is always less than price at all levels of output in.

10 / 25

In an economy government constructed a new water reservoir for the purpose of irrigation this might be taken as.

11 / 25

Internal economies of scale include.

12 / 25

Economies of scale are f two kinds.

13 / 25

Marginal product curve intersects average product curve when AP curve is.

14 / 25

Under perfect competition MR and AR curves.

15 / 25

When diseconomies of scale outweigh economies of scale the.

16 / 25

Which of the following markets comes closest to perfect market.

17 / 25

Which of the following is one of the. assumptions of perfect competition.

18 / 25

When marginal revenue is zero, total revenues is.

19 / 25

The production function relates to.

20 / 25

Economies and diseconomies determine the shape of.

21 / 25

Law of decreasing returns generates.

22 / 25

This kind of market is undesirable.

23 / 25

Marginal product indicates.

24 / 25

Laws of return apply to firms working in.

25 / 25

When MP is zero, TP is.

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